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TotalEnergies Expects Higher Fuel Prices to Boost Q1 Results

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TotalEnergies (TTE.PA, TTE.L) said Thursday that higher prices for oil and gas will positively impact its upcoming results for the first quarter of 2026.

The French energy group said the Brent crude price was $81.1 per barrel in the reporting quarter, up from $63.7 per barrel in the fourth quarter of 2025, while the average liquids price rose to $73.7 per barrel from $61.4 per barrel in the prior quarter.

Meanwhile, the average gas price increased to $5.59 per million British thermal units from $5.11 per mbtu, and the average LNG price remained stable at $8.48 mbtu.

Meanwhile, TotalEnergies expects its oil and gas production in the first quarter to be consistent with the prior three-month period.

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